Earlier this month, Mosaic placed an order for a new custom DSC Marlin Class underwater pump dredge that will replace the Company’s existing dredge. Mosaic is the world’s leading producer and marketer of concentrated phosphate and potash, two primary nutrients required to grow the food the world needs. Located in Duette, FL, Mosaic’s Wingate facility mines and processes phosphate rock, which is the raw material for phosphate fertilizer production.
With an estimated 30 years of life available for the Wingate facility, Mosaic began evaluating their existing assets to meet their mission statement and core values.